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London Stock Exchange · Energy

Invest in Ithaca Energy stock from India

Indian and foreign residents can buy Ithaca Energy (ITH) shares directly through Paasa.

By Paasa · Updated

Ithaca Energy at a glance

Price
£2.74-£0.01 (0.22%)
Market cap
£4.53B
Day range
£2.69 – £2.80
P/E
23.21
Dividend yield
0.10%
Volume
1.68M
1 month
-0.36%
6 months
+7.82%
YTD
+65.50%
1 year
+39.29%
5 years
—

Live chart and statistics

Ithaca Energy statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$2.9B$2.0B$2.3B$2.6B$1.4B
Gross profit$1.2B$842.2M$1.0B$1.2B$549.1M
Operating income$1.2B$523.8M$486.1M$1.1B$462.2M
Net income−$85.9M$153.2M$215.6M$1.0B$620.6M
Earnings per share−$0.05$0.13$0.21$1.02$0.42
EBITDA$1.8B$1.0B$1.2B$1.8B$918.1M
Total assets$11.4B$8.3B$6.2B$6.8B$4.7B
Total debt$1.5B$1.1B$768.7M$1.3B$1.4B
Cash and short-term investments$170.2M$178.1M$156.5M$253.8M$44.8M
Shareholders' equity$2.6B$3.0B$2.4B$2.5B$676.5M
Operating cash flow$1.7B$853.3M$1.3B$1.7B$912.7M
Free cash flow$754.8M$389.2M$812.0M$1.3B$643.1M
Capital expenditure−$902.9M−$464.1M−$478.8M−$380.6M−$269.6M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
DCCDCC.L£64.35£549.70B
Seplat EnergySEPL.L£7.83£469.76B
Harbour EnergyHBR.L£2.62£410.54B
EnergeanENOG.L£7.11£131.33B
Serica EnergySQZ.L£2.57£100.85B
Rockhopper ExplorationRKH.L£0.64£54.97B
EnQuestENQ.L£0.27£49.41B
Gran Tierra EnergyGTE.L£7.50£26.52B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Ithaca Energy from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search ITH and buy

    Find Ithaca Energy by name or by its ticker, ITH, and place your order.

Why invest in Ithaca Energy from India

What Ithaca Energy does

Ithaca Energy plc, alongside its subsidiaries, is an upstream energy firm focused on the exploration, development, and production of crude oil and natural gas. Its operations are centered in the North Sea, where it holds a portfolio of assets spanning the Northern, Central, and Moray Firth regions. Ithaca Energy operates in the Oil & Gas Exploration & Production industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in the UK mean for your Ithaca Energy shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Ithaca Energy stock from India?

Yes. Indian residents and NRIs can buy Ithaca Energy (ITH) shares directly through Paasa. Ithaca Energy is listed on the London Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Ithaca Energy dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Ithaca Energy’s current yield is 0.10%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Ithaca Energy shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Ithaca Energy shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Ithaca Energy alone.

Is there stamp duty when I buy Ithaca Energy shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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